What kinds of questions I can and can't answer?
I would like to answer VAT queries relating to the state of Assam. In addition to Assam VAT I would also like to share my views on CST matters.
My area of expertise VAT
My experience in
the area (years): 2 Years
belong to: OMPRAKASH AGARWALLA & ASSOCIATES
writing which has appeared : TAX SAMACAHAR, STVAT.COM
Award & Honors:
: Inter State Works Contarct
We are a company providing AMC Services to our various clients. We charge comprehensive AMC at the beginning of the AMC period & hence we do not have actual split of Service & Material portion at the time when contract is entered. Further most of our contracts are inter-state. In all state laws composite scheme is available & tax rates are defined but under CST act though works contract has been defined but composition rate is not defined. Please advise if i can adopt composite scheme for inter state works contracts. If yes, any compliance to be made?
Regards, CA Rajat Aggarwal
: Entry Tax Query
Dear Mr. Agarwalla,
We have not registered in ANY VAT because we are dealing in fresh vegetables. Now, We have plan to import three machinery for our three projects in three location in india ( Himachal, Gujarat, Andhra Pradesh).
Our registered office in Delhi as per ROC.
Now, I am thinking to raised three invoices of Branch transfer :
one party is : ABC Pvt. Ltd. Address : (Delhi)
Second party : ABC(Shimla) / ABC(Surat) / ABC(Hyderabad)
Is Entry tax applicable in case of branch transfer in these states?
As per my understanding Branch transfer is not covered under sale for VAT purpose.
Amit Kr. Mishra
: VAT on Sale of Used Car (Asset of the Company)
With reference to the captioned subject, I would like to seek advise on applicability of VAT on sale of motor car (which was not meant for re-sale). Our company is a tea manufaturer. The car was a business asset. Though we are registered dealer in AVAT, we do not deal in cars. Thus the car cannot be "goods" for us. Moreover, the sale of this asset cannot be a part of turnover.. I am somewhat confused on the whole scenerio... your advice would be of a great help.
The Sales Tax website no more hosts copy of notification FTX.55/2005/PT/43 dtd 08/08/2005. Please help
CA Santosh Sundarka
: Karnatka Entry Tax
Our client has purchased imported machinery from China ro Bangalore .Whether he is liable to pay entry tax in Karnatka State
: vat is applicable on hiring of DG set
i need to know that is vat applicable on hiring DG (faridabad)